Project Description:

osage corporation issued 2,000 shares of stock.instructionsprepare the entry for the issuance under the following assumptions.(a) the stock had a par value of $5 per share and was issued for a total of $52,000.(b) the stock had a stated value of $5 per share and was issued for a total of $52,000.(c) the stock had no par or stated value and was issued for a total of $52,000.(d) the stock had a par value of $5 per share and was issued to attorneys for services during incorporation valued at $52,000.(e) the stock had a par value of $5 per share and was issued for land worth $52,000.